Advertisement
Xi Jinping's anti-corruption campaign
ChinaPolitics

China's anti-graft campaign recovers 38.7b yuan from corrupt officials

Reading Time:1 minute
Why you can trust SCMP
Businesses that were illegally given tax breaks have had to return money. Photo: Bloomberg
Reuters

Authorities have recovered 38.7 billion yuan (US$6.2 billion) in losses from corruption, state media reported, as the leadership pursues a campaign against pervasive corruption.

Corrupt officials have had to return ill-gotten land and property to the state, the official People's Daily reported on its website, citing the ruling Communist Party's top anti-graft body, the Central Commission for Discipline Inspection.

The body said that the funds had been recovered between a high-profile meeting of party leaders in November 2012 and June this year.

Advertisement

Favoured people and businesses that were illegally given tax breaks had also had to return the money, it said.

Since he assumed power in late 2012, President Xi Jinping, who doubles as party and military chief, has pursued a relentless campaign against pervasive corruption, vowing to go after powerful "tigers" - senior officials - as well as lowly "flies".

Advertisement

The biggest tiger brought to justice so far is the disgraced former security chief Zhou Yongkang .

Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x